A PRIME piece of commercial real estate in Falmouth’s town centre will be auctioned on Thursday.
The Women’s Institute building on The Moor will be sold by Westcountry Property Auctions at The Sandy Park Conference Centre in Exeter, with a guide price range of £150,000 to 200,000.
The two-storey, former terraced house, on Webber Street is a Grade II listed building which has been the headquarters of the Falmouth Women’s Institute (WI) group for almost 100 years.
It has also been used by countless community groups for diners, fetes and fitness classes.
The sales material on the Stratton Creber web site describesd the lot as: “A rare opportunity to acquire a substantial and extremely versatile two storey, imposing town centre building, offering tremendous potential (subject to any requisite consents) for a variety of uses.”
It has a main function suite plus four other rooms, a kitchen, two cloakrooms, outside enclosed rear courtyard and storage facility.
Falmouth WI president Grace Bradford would not comment on why the branch is selling the property.
But Kathy Reed, the county chairman for the Cornwall Federation of Women’s Institutes, WI, said: “The Falmouth WI wish to now dispose of the building and were recommended that they probably would be better off if they auctioned it.
“A lot of WIs have these old buildings. A lot of them have already sold as they can be very costly to maintain.
“The money from the auction will go to the charity.”
There are 150 WIs in Cornwall, with 3,800 members.